Signet Jewelers (SIG) CEO granted 45,343 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Symancyk James Kevin reported acquisition or exercise transactions in this Form 4 filing.
Signet Jewelers Ltd Chief Executive Officer James Kevin Symancyk received an award of 45,343 common-share restricted stock units on March 24, 2026. These units were granted at no cash price and vest in three equal annual installments on each of the first, second and third anniversaries of the grant date.
Upon each vesting date, the restricted stock units settle into the same number of common shares. Following this grant, Symancyk holds a total of 157,362.62 common shares, including 134,638.62 restricted stock units that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Symancyk James Kevin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, par value $0.18 | 45,343 | $0.00 | -- |
Holdings After Transaction:
Common Shares, par value $0.18 — 157,362.62 shares (Direct)
Footnotes (1)
- Represents restricted stock units that were granted on March 24, 2026 and vest 1/3 annually on each of the first, second and third anniversaries of the grant date. The restricted stock units settle upon vesting for an equivalent number of common shares. Includes 134,638.62 restricted stock units which are subject to certain vesting and forfeiture provisions.
FAQ
What did Signet Jewelers (SIG) CEO receive in this Form 4 filing?
The CEO, James Kevin Symancyk, received 45,343 restricted stock units as an equity award. These units represent the right to receive the same number of common shares, subject to future vesting over a multi-year schedule and potential forfeiture conditions.
How do the new restricted stock units for Signet’s CEO vest?
The 45,343 restricted stock units vest in three equal installments, one-third each year on the first, second and third anniversaries of the March 24, 2026 grant date. Each vested unit converts into one common share at settlement, delivering stock-based compensation over time.
What are James Symancyk’s total reported holdings after this equity grant?
After the grant, James Symancyk is reported as holding 157,362.62 common shares in total. This figure includes 134,638.62 restricted stock units that are still subject to specified vesting schedules and forfeiture provisions before fully converting into unrestricted Signet common shares.
What do the vesting and forfeiture provisions mean for Signet’s CEO award?
Vesting and forfeiture provisions mean the CEO must satisfy service or other conditions before units convert to shares, and some or all units can be lost if conditions are not met. This structure ties a substantial portion of his compensation to continued tenure and company-related requirements.